UK private equity firm Piper has invested £7m into Scottish travel tour company Rabbie’s.
Founded in 1993 by Robin Worsnop, the Edinburgh-based business began with him taking small groups of travellers around Scotland in his first 16-seater mini-coach. Today, it has almost 100 vehicles operating small group tours across the UK, alongside partnerships in Ireland and Europe.
Sales grew to £17m in 2019, with 80% of revenue currently from trips in Scotland. Rabbie’s also recently expanded into Europe, with trips in Spain, Portugal, Italy and Switzerland.